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Telecommunications and Electronics Remanufacturer Partners with the Plastic Disclosure Project and EarthPeople on Corporate Citizenship Initiative

Bolton, MA (PRWEB) December 3rd, 2012

Paragon Communications, Inc., one of the nation’s largest remanufacturers of enterprise and consumer electronics, has partnered with the Plastic Disclosure Project (PDP) to track and improve its plastic waste stream. Building on a foundation of environmental stewardship as a telecommunications and electronics recycler, PARAGON has voluntarily disclosed its plastic waste through the PDP, an annual disclosure process endorsed by the Clinton Global Initiative and other NGOs committed to conservation.

Mismanagement of plastic waste is a growing and serious problem. Approximately 85% of total global plastic used is not recycled. Instead, plastic waste has the potential to stay in the environment for hundreds of years, putting our food chain at risk. Conversely, by treating plastic as a resource, companies can often save or even make money, as well as minimize their environmental impact. The Plastic Disclosure Project engages with companies to help them measure and disclose their plastic usage, offering strategies such as an annual disclosure to prompt management, investors, and customers to consider plastic waste in their decision-making.

Paragon Holdings has acquired a 72-acre property in Bolton, Massachusetts, where it will consolidate operations into a global headquarters for Paragon Communications, Inc. The property’s 301,647 square-foot building includes a fitness center, cafeteria, softball/baseball field, basketball court, walking/running trails, picnic areas, and is within walking distance to apple orchards. PARAGON purchased the property, formerly the Future Electronics site, from RGM Holdings for $8 million and intends to invest $1 million in the building.